KLA CORP. - Daily - Technical analysis published on 07/31/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
39%
33%
28%
My opinion
Bullish above 793.98 USD
My targets
892.35 USD (+9.76%)
My analysis
The basic bullish trend is very strong on KLA CORP. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 793.98 USD. Crossing the first resistance at 892.35 USD would be a sign of a potential new surge in the price. Caution, a return to below 793.98 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The KLA CORP. price is 813.03 USD. The price has increased by +7.13% since the last closing with the lowest point at 790.31 USD and the highest point at 817.03 USD. The deviation from the price is +2.87% for the low point and -0.49% for the high point.790.31
817.03
813.03
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of KLA CORP. in Daily shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 626.88 | 721.79 | 793.98 | 813.03 | 892.35 |
| Change (%) | -22.90% | -11.22% | -2.34% | - | +9.76% |
| Change | -186.15 | -91.24 | -19.05 | - | +79.32 |
| Level | Major | Major | Minor | - | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 697.24 | 725.80 | 742.34 | 770.90 | 787.44 | 816.00 | 832.54 |
| Camarilla | 746.49 | 750.62 | 754.76 | 758.89 | 763.02 | 767.16 | 771.29 |
| Woodie | 691.24 | 722.80 | 736.34 | 767.90 | 781.44 | 813.00 | 826.54 |
| Fibonacci | 725.80 | 743.03 | 753.67 | 770.90 | 788.13 | 798.77 | 816.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 689.23 | 719.30 | 753.35 | 783.42 | 817.47 | 847.54 | 881.59 |
| Camarilla | 769.76 | 775.64 | 781.51 | 787.39 | 793.27 | 799.15 | 805.02 |
| Woodie | 691.21 | 720.30 | 755.33 | 784.42 | 819.45 | 848.54 | 883.57 |
| Fibonacci | 719.30 | 743.80 | 758.93 | 783.42 | 807.92 | 823.05 | 847.54 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 606.87 | 671.22 | 747.86 | 812.21 | 888.85 | 953.20 | 1,029.84 |
| Camarilla | 785.74 | 798.66 | 811.59 | 824.51 | 837.43 | 850.36 | 863.28 |
| Woodie | 613.03 | 674.29 | 754.02 | 815.28 | 895.01 | 956.27 | 1,036.00 |
| Fibonacci | 671.22 | 725.08 | 758.35 | 812.21 | 866.07 | 899.34 | 953.20 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.14 | |
| MACD (12,26,9): | -10.0000 | |
| Directional Movement: | -8.03 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 792.91 | |
| Parabolic SAR (0,02-0,02-0,2): | 820.72 | |
| Elder Ray (13): | 7.34 | |
| Super Trend (3,10): | 870.93 | |
| Zig ZAG (10): | 809.96 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 24.50 | |
| TEMA (21): | 773.38 | |
| Williams %R (14): | -52.90 | |
| Chande Momentum Oscillator (20): | -47.44 | |
| Repulse (5,40,3): | -4.8500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 18.52 |
| MA7: | 780.56 | |
| MA20: | 819.07 | |
| MA50: | 806.53 | |
| MA100: | 749.47 | |
| MAexp7: | 787.39 | |
| MAexp20: | 802.13 | |
| MAexp50: | 793.09 | |
| MAexp100: | 752.19 | |
| Price / MA7: | +4.16% | |
| Price / MA20: | -0.74% | |
| Price / MA50: | +0.81% | |
| Price / MA100: | +8.48% | |
| Price / MAexp7: | +3.26% | |
| Price / MAexp20: | +1.36% | |
| Price / MAexp50: | +2.51% | |
| Price / MAexp100: | +8.09% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on KLA CORP.. At the time of publication of this analysis, the latest news was as follows:
- KLA Corporation Reports Fiscal 2024 Fourth Quarter Results and Full Year Results
- KLA Announces Fourth Quarter Fiscal Year 2024 Earnings Date
- KLA Announces Upcoming Investor Webcasts
- KLA Declares Regular Cash Dividend
- KLA Corporation Reports Fiscal 2024 Third Quarter Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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